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The Latest Breaking News from High Pay Centre

CEO pay at UK’s top companies is 52 times that of typical worker, report finds

High Pay Centre thinktank says median pay of FTSE 350 chief executive was £2.4m in 2023-24 financial year

The Guardian - UK

The top 100 bosses in the U.K. scored a pay hike of over $600k last year—the highest in six years

Among the highest paid CEOs were pharmaceutical giant AstraZeneca’s chief Pascal Soriot, with £15.3 million ($19.6 million), and defense company BAE Systems CEO Charles Woodburn, who earned £10.7 million ($13.7 million).

Fortune

Top UK CEOs handed 16% pay rise as millions of workers squeezed – as it happened

Data from the High Pay Centre thinktank showed FTSE 100 bosses collected an average £500,000 pay rise last year, taking their median pay to £3.9m

The Guardian - UK

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Pay for top bosses jumps 16% as wider wages behind inflation – think tank

Median pay for a FTSE 100 CEO increased from £3.41 million in 2021 to £3.91 million in 2022, the High Pay Centre said.

The Independent UK

Bosses have already earned in 5 days what average workers will for the whole year

The annual pay of CEOs at the nation’s biggest businesses stands at an average of £3.41million - £1078.26 per hour - 103 times that of the average full-time worker’s pay of £33,000

Daily Mirror

Bosses at Britain's biggest companies have already been paid an average worker's annual salary

CEOs at the U.K.’s biggest firms earned the average Brit’s salary 9 hours earlier in 2023 than they did a year ago.

Fortune

Top bosses set to surpass annual pay of average worker just five days into 2023

Despite a recession and cost-of-living crisis, FTSE 100 bosses will earn more than annual salary of median UK worker nine hours faster than they did in 2022

The Independent UK

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Your boss will earn more by this afternoon than you will earn all year

The average chief exec earns more by the afternoon of January 5 than the average worker will in the whole of 2023

Wales Online

FTSE 100 bosses paid more in three days than average UK worker for whole year

CEOs pass milestone nine hours earlier than last year, with pay up 39% on January 2022

The Guardian - UK

Top bosses ‘earn more by Thursday afternoon than average worker will make in year’

High Pay Centre data suggested that FTSE 100 company chiefs would have earned an average of £33,000 by 2pm.

The Independent UK

Top fatcat bosses around UK rake in average worker's yearly salary in just ONE day

The average chief executive of a FTSE 100 company is on £3.41million a year, according to a think tank. That equates to 103 times more than the £33,000 annual wage of a typical full-time worker

Daily Mirror

Meet Britain's 10 highest paid fat cats who pocketed more than £100m last year

That means they are now getting 109 times more in their wage slips than the typical British worker - up from 79 times in the previous year

Daily Mirror

Average pay for FTSE 100 chiefs jumps by 39% to £3.4m

Study shows median CEO package has surpassed pre-pandemic levels with rate 109 times that of average UK worker

The Guardian - UK

England’s highly paid water bosses rake it in from lucrative second jobs

As sewage is discharged into the UK’s seas and targets are missed, company chiefs use their time on other roles

The Guardian - UK

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Daily Mirror

Fat Cat bosses at firms facing strikes earn up to 86 times average wage of workers

While Boris Johnson boasts about wanting a high-wage society, the PM insisted staff asking for pay rises to make ends meet would further raise inflation

Wales Online

Pay gap between top executives and employees to widen again

Bosses took pay cuts during pandemic but now they look to be in line for bumper salary rises as people return to the office

The Guardian - UK

Pay gap in UK between bosses and workers likely to widen in 2022

After narrowing during pandemic, analysis suggests FTSE 350 CEOs will collect 63 times average median pay at their companies

The Guardian - UK

Most Britons back curbs on bosses’ pay, survey finds

Sixty-three per cent of people said CEOs should be paid no more than 10 times earnings of lower- or mid-ranking employees

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Birmingham Post

Covid: Fewer than half of companies cut executive pay in response to pandemic

Research from the High Pay Centre found the firms that did reduce the pay of bosses had more women directors

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